Electronic Bank Payments & Advanced Electronic Bank Payments

Electronic Bank Payments SuiteApp (EBP) enables you to process bank payments of vendor bills, employee expenses, partner and employee commissions, and customer refunds as well as receive bank payments from customers. Payment files will be generated and can be imported to your bank’s payment software or submitted electronically to your bank for processing. With EBP you can generate a file to electronically send to the bank to cross-verify checks. EBP extends the processing capabilities of Electronic Fund Transfers (EFT). Features such as Terms, Early Payment Discounts, and Credit Application are supported by EBP that are not supported by EFT.

Availability:

EBP SuiteApp enables companies and their subsidiaries to send payment to vendors, employees, and customers (refunds) or receive payments from customers located within their country of operations.

Advanced EBP SuiteApp enables companies and their subsidiaries to do everything EBP SuiteApp does but across the different support countries.

Limitations of EBP:

5,000 open payment transactions for bills, invoices, or customer refunds can be processed at one time.

10,000 open transactions can be processed per vendor, customer, partner, and employee. If this limit is surpassed only 10,000 will be included for EBP and the rest will be marked incomplete.

Processing through EBP overrides default payment methods that have been set on entity records, this prevents multiple payment processing.

EMP does NOT transmit payment files to the banks, Contact your bank for information about transmitting payment files using their EFT system.

Setting up EBP:

Prerequisites

Enable the following features prior to installing EBP.

Item Options

Custom Records

Client SuiteScript

Server SuiteScript

Accounting Periods

Advanced PDF/HTML Templates

Installing EMP SuiteApp

Bundle name: Electronic Bank Payments

Bundle ID: 244403

Location: Production

Availability: Public

Source Account: 5103995

Key Points

Highly encouraged to update EBP every month to get the latest version in sandbox.

Installing Advanced EBP

Bundle name: Advanced Electronic Bank Payments

Bundle ID: 21147

Location: Production

Availability: Shared

Source Account: 3525954

Key Points

Install EBP prior to installing Advanced EBP

Global payments support may result in additional charges. Contact your NS rep for more info.

Update sandbox every month if Advanced EBP is installed in the sandbox account to continue to use non-native formats and advanced features

Installing the bundle

Customization > SuiteBundler> Search & Install Bundles (Administrator), then choose the bundle you want to install. Either (244403 or 21147)

Look at the Status and do not install another bundle until there is a green check mark in the status column.

Setting Up Roles & Permissions

The Custom EFT role is added to your account after installing EBP.

Assign this role to employees or customize this role and then assign to employees.

OneWorld: Access to subsidiaries to process their bill payments must be granted. To do this go to Custom role record, select both primary & secondary subsidiaries to allow access to their company bank details and other information that custom role can use for EBP transactions.